All articles by Alec Mattinson – Page 180
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Comment & OpinionRelying on global superbrand power is no longer an option
One statistic in this year’s Grocer/OC&C Global 50 report strikes at the heart of the problems facing the consumer giants
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NewsThe OC&C Global 50 rely on M&A activity to drive sales growth
The globe’s fmcg players are increasingly finding organic growth hard to come by
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Analysis & FeaturesOC&C Global 50: Can the fmcg giants handle Brexit shock?
The Brexit decision has stunned already struggling global markets, with weakest post-recession growth for OC&C Global 50
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Analysis & FeaturesBrexit already dampening price deflation at the mults
Brexit is widely expected to have an inflationary impact on food prices
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NewsTate & Lyle blames EU for soaring losses
Annual losses have ballooned at Tate & Lyle, with the company blaming an EU sugar regime that favours its competitors
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NewsUK consumer confidence collapses after Brexit
UK consumer confidence has taken its biggest knock for 21 years after the UK’s vote to leave the EU
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NewsMedia Bites 8 July: M&S, ABF, Danone
The continuing troubles of Marks & Spencer in general merchandise dominate the headlines this morning after it reported a 8.9% like-for-like first quarter sales drop in the division.
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NewsM&S’ like for like food sales slip as general merchandise sales plunge
Retailer continues to struggle in its clothing and home division, which saw like for like sales plunge 8.9%
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NewsMedia Bites 7 July: Supermarket shares, Danone, Boots
“Supermarkets slump as fears of price war grow”, is the headline in The Times (£) this morning.
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NewsDekelOil completes West African palm oil deal
DekelOil Public (DKL) now owns 85.75% of CS DekelOil Siva
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NewsMedia Bites 5 July: Sainsbury's/Netto, Diageo, Bernard Matthews
Sainsbury’s decision to call time on its Netto joint venture is heavily covered in the papers this morning.
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NewsC&D Foods buys French petfood producer Continentale Nutrition
C&D Foods has acquired French-owned pet food manufacturer Continentale Nutrition for an undisclosed sum.
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NewsMixed picture for UK grocery revealed by latest market share data
The uncertain trading environment for UK grocers was compounded by the release this week of market share figures
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NewsOcado suffers rollercoaster as Brexit vote hammers market
Ocado shares leapt by 8% to 226p on Tuesday after it announced a 15% jump in first-half sales to £584m
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NewsCity snapshot: Hershey rejects $23bn Mondelez bid
Hershey said last night it had “unanimously” rejected an initial takeover approach from Mondelez International
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NewsMedia Bites 1 July: AB InBev, Hershey/Mondelez, BHS
AB InBev has secured regulatory clearance for its SABMiller takeover in South Africa, but the EU has launched an investigation into its position in Belgium.
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NewsCity snapshot: Consumer confidence down pre-Brexit
GfK’s consumer confidence index remained in negative territory last month as the public worried about the UK’s economic prospects even before the vote to leave the EU
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NewsMedia Bites 30 June: My Local, Greene King, Consumer confidence
Convenience store chain My Local officially entered administration last night, reports say.
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NewsInnocent sales boom in Continental Europe but UK sales drop
Innocent sales are booming in Continental Europe but UK sales dropped by 3% last year, newly filed accounts have revealed.
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Analysis & FeaturesStore revamps deliver Majestic sales revival
With Majestic Wine stores reporting their first annual like-for-like sales rise in four years it’s increasingly clear that new CEO Rowan Gormley’s investment in revamping its store estate is starting to pay-off.